Announcement

Thursday, August 5, 2010

ONGC June quarter net down by 24pct

State owned Oil and Natural Gas Corp reported a 24.5% decline in its net profit at INR 3,661.14 crore for the quarter ended June 30th as its fuel subsidy payout jumped nearly 12 folds. The company had reported a net profit of INR 4,847.92 crore in the same period previous fiscal.

The

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